National Grid Rating Reiterated by Bank of America Corp. (NG)
National Grid (LON:NG)‘s stock had its “buy” rating restated by equities research analysts at Bank of America Corp. in a research note issued to investors on Thursday, AnalystRatings.Net reports.
A number of other analysts have also recently weighed in on NG. Analysts at AlphaValue reiterated a “reduce” rating on shares of National Grid (LON:NG) in a research note to investors on Thursday. They now have a GBX 786 ($12.59) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of National Grid (LON:NG) in a research note to investors on Friday, September 20th. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of National Grid (LON:NG) in a research note to investors on Friday, September 13th. They now have a GBX 850 ($13.62) price target on the stock. Four analysts have rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 769.16 ($12.32).
National Grid (LON:NG) traded up 0.75% on Thursday, hitting GBX 743.00. The stock had a trading volume of 5,815,573 shares. National Grid has a 1-year low of GBX 678.00 and a 1-year high of GBX 849.50. The stock’s 50-day moving average is GBX 750.5 and its 200-day moving average is GBX 768.7. The company’s market cap is £27.235 billion.
National Grid Plc is an international electricity and gas company. The Company’s segments include UK Transmission, UK Gas Distribution, US Regulated and Other activities.
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